Word: co
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Dates: during 1920-1929
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Died. William H. Pigott, Sr., 69, of Seattle, Chairman of Pacific Coast Steel Co.; in Vancouver...
Elected. Linwood A. Miller, 44, first vice president of Willys-Overland Co., to be president, succeeding John North Willys, retired (TIME, July 22), who becomes board chairman...
...came rumors that the whole banking structure of the State was on the point of collapse. Many a nervous depositor rushed to his bank, clamored for his money, brought on the very disaster that he feared. The bank failure climax came last week when Citizen's Bank & Trust Co. of Tampa closed its doors and carried down with it nine subsidiary banks. Between fruit flies, bad notes and wild rumors, a wholesale panic appeared imminent...
...between $92,000,000 and $94,000,000, compared to first half 1928 earnings of $87,866,000 (TIME, July 22). Bethlehem Steel, second biggest, had up to last week made no report. Of other potent steel companies, the following have announced 1929 earnings to date: Republic Iron & Steel Co. This Ohio company, with both William G. Mather, big-Cleveland-iron-man and Cyrus S. Eaton, big-Cleveland-steel-man, on its di rectorate, has made extraordinary progress during the past year. After a somewhat in-and-out period from 1923 through 1927, the company acquired Trumbull Steel Co...
Youngstown Sheet & Tube Co. is third largest steel company, though far behind Bethlehem. After a good 1926, bad 1927, good 1928, it has broken all peacetime records in 1929. First six months of 1929 have almost equalled the entire year of 1928. Comparative figures: six months 1929, $10,537,373; six months...